Less distressed debt
The risks of default in high yield credit are one reason cited for reduced sell-side trading activity in the asset class. However, while the outlook for many economies ...
Withering supply of European high yield
Comparing the ‘year-to-April’ data across years, 2022’s high yield issuance looks more like the post-financial crisis period than most years in between. Data from ...
How the effects of war are spreading in Asia
The war in Ukraine outside of Europe is, from a capital markets perspective, driving a ‘risk-off’ attitude across issuers, buy-side and sell-side firms. As previously ...
The effect of war on pricing and spreads is widening
The economic effect of the Russian invasion of Ukraine needs to be put in context next to the human tragedy, but data is showing us the effect on the flow of capital; it ...
Emerging markets’ big issues in 2022
According to analysis by CreditSights, there has been a negative total return for credit in emerging markets with the exception of Gulf Cooperation Council countries, ...
Is issuance for the high jump?
Figure 1.
Chart of the week: Attack of the killer BBBs
The lowest tier of investment grade bonds show an interesting opportunity in the new issue space, as observed by analyst firm CreditSights. Relative value trades can be ...
Fitch Group to acquire CreditSights
Rating and data provider Fitch Group is acquiring CreditSights, the provider of credit research to the global financial community.